Most Popular
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Jimin of BTS, actor Song Da-eun suspected to be dating, again
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What's next for the government's push in quota hike?
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Trump may like to 'solve' N. Korean nuclear problem if reelected: ex-official
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Woman falls to death from acquaintance's home after exhibiting ‘unexplained' behaviors
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‘Malice should not undermine the system, social order,’ says Hybe's Bang
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N. Korea slams planned S. Korea-US military drills, warns of 'catastrophic aftermath'
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[Robert J. Fouser] Social attitudes toward language proficiency
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N. Korea fires short-range ballistic missiles toward East Sea: JCS
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[Graphic News] How much do Korean adults read?
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N. Korea says it test-fired tactical ballistic missile with new guidance technology
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Samsung expected to introduce new Exynos processor in next Galaxy series
Samsung Electronics is expected to introduce its new flagship Exynos 2500 mobile processor made with its cutting-edge 3-nanometer process, in the upcoming Galaxy S25 smartphone lineup, according to industry sources on Friday. The envisioned chipset, which will be produced on Samsung Foundry’s second-generation 3nm process node using the advanced Gate-all-around technology, will be designed with the main focus on improving power efficiency. Samsung, the world's top memory chipmaker, ha
May 17, 2024
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Metanation, Memetoon partner up for webtoon, short-form services
Metanation and Memetoon inked a deal Tuesday for a global content market-focused partnership, which will involve projects incorporating blockchain Web3 technology across different industries such as webtoons, movies and dramas. Webtoon service Memetoon, which has an international publisher, plans a range of services involving secondary copyright, NFTs, AI, tournaments, donations, sponsorships, support, and gaming, utilizing its token and point systems. "We aim to provide a decentralized mod
May 17, 2024
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[Contribution] Can arboretums and gardens save the world? Exploring their role in biodiversity conservation
By Lee Seok-woo In recent years, the rapid decline of biodiversity worldwide due to deteriorating global environmental conditions, including climate change, has become a pressing concern. The need for urgent measures to conserve biodiversity has never been more critical. Arboretums play a crucial role in preserving plant species diversity, especially in the conservation of indigenous plant species. Additionally, the diverse forms of gardens being established in urban areas are increasingly recog
May 16, 2024
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Woori partners with India’s Tata Motors in auto finance push
Woori Financial Group on Thursday announced a new partnership with Indian auto giant Tata Motors as part of its strategy to expand its presence in the global auto finance market. Woori Financial Group Chairman Yim Jong-yong and Tata Motors Executive Director Girish Wagh held an agreement signing ceremony for business cooperation at Woori’s headquarters in Seoul on Thursday. Tata Motors is a flagship subsidiary of India's top conglomerate Tata Group, accounting for around a third of th
May 16, 2024
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Starbucks Korea to speed up hiring process
Starbucks Korea announced Thursday that the company has introduced a faster hiring process that will halve the time to recruit baristas and workers at its branches. “The existing hiring process takes around 50 days to recruit new employees, but the new hiring process will take roughly three weeks,” an official from Starbucks Korea said. According to Starbucks Korea, the new hiring process will be tested at 50 of its branches across the country. The company could extend the adoption o
May 16, 2024
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Kepco to raise electricity prices as total debt soars past W200tr
Despite self-rescue efforts, a hike in electricity prices is inevitable, the Korea Electric Power Corp. Chief Executive Officer Kim Dong-cheol said Thursday. Explaining how the company was able to reduce its snowballing debt through all-out efforts, including a massive personnel restructuring, Kim noted that Korea's electricity prices are far lower than other countries. "The cost of purchasing electricity surged from 2021, but we could not shift the burden into electricity prices, and
May 16, 2024
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[Photo News] Kyobo Life meetup
Kyobo Life Insurance CEO and Chair Shin Chang-jae (center) poses for photos with insurance consultants at the 2024 Kyobo MDRT Day, held at the insurer’s training institute in Cheonan, South Chungcheong Province, Tuesday. The MDRT, which stands for Million Dollar Round Table, brings leading life insurance professionals together. Around 490 Kyobo MDRT insurance consultants were in attendance. At the event, Shin said, "Insurance consultants are more than just sellers of insurance product
May 16, 2024
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Jente partners with specialized logistics firm to elevate luxury delivery standards
Luxury online boutique platform Jente has teamed up with Valex, a specialized logistics company here, intending to elevate the overall luxury experience for its customers. Jente signed a premium delivery partnership agreement with Valex at its headquarters in Gangnam on Wednesday. The agreement aims at minimizing customer concerns and inconveniences while ensuring reliability and safety related to luxury purchases and deliveries. "We are committed to enriching Jente's luxury ecosystem
May 16, 2024
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[Photo News] Riding the wave
A model of an electric wave monitoring aircraft is on display at a booth at the 2024 Land, Infrastructure and Transport Technology Fair, held at Coex in Gangnam-gu, southern Seoul, Wednesday. Organized by the Transport Ministry, the exhibition, which runs until Friday, features a total of 300 booths operated by 220 transportation and technology-related organizations. Visitors have the opportunity to experience firsthand how various technologies in the land and transportation sector, including ur
May 15, 2024
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LG Electronics strengthens medical robot services
LG Electronics joined hands Hanllym University Sacred Heart Hospital as part of its effort to strengthen medical robot services with its “affectionate intelligence” robot, Cloi, the company said on Wednesday. In an agreement, LG and the hospital agreed to collaborate to discover various scenarios of when robots can be used in medical institutes, and establish demonstration cases within domestic and international medical institutions. "With LG's Cloi robot taking charge of r
May 15, 2024
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Korean display makers show off next-gen OLED technologies at SID event
Samsung Display and LG Display presented the next-generation organic light-emitting diodes and Quantum dot panel technologies at this year’s Display Week 2024 in the US. Samsung introduced the industry's first quantum dot light-emitting diode display, the next-generation self-luminous technology, at SID Display Week 2024. The event, hosted by the Society for Information Display, kicked off Tuesday in San Jose, California, and runs until Thursday. The new technology implements RGB pixe
May 15, 2024
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Is FTC's conglomerate listing a boon or bane for Hybe?
Hybe, the K-pop giant housing BTS, has become the first Korean entertainment firm to be designated a conglomerate by the country’s antitrust regulator, as its assets swelled big enough to fulfill the same tougher obligations as other large business groups. The Fair Trade Commission included Hybe along with five other firms in the list of conglomerates Tuesday, thanks to the boy band's enormous popularity and profitability alongside the agency’s active mergers and acquisitions
May 15, 2024
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Korean industries gauge impact of Biden's steep tariffs on China
Korea is closely evaluating potential impacts on its key manufacturing sectors in response to steep US tariff hikes on key Chinese imports hoping to capitalize on any advantages while bracing for potential supply chain disruptions globally. US President Joe Biden on Tuesday announced tariff hikes against Chinese imports, targeting a range of products including electric vehicles, legacy semiconductors, advanced batteries, battery components, solar cells, steel, critical minerals, aluminum and med
May 15, 2024
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Coupang's Kim Bom escapes chaebol chief designation again
South Korean e-commerce giant Coupang's founder and CEO Kim Bom was excluded from the list of chaebol chiefs designated by the Korean antitrust regulator, marking the fourth time since 2021 when Coupang entered the realm of large conglomerate groups with assets exceeding 5 trillion won ($3.6 million). The Korea Fair Trade Commission announced Wednesday an updated list of 88 large conglomerates for this year, all subject to disclosure of activities, followed by rigorous monitoring and accoun
May 15, 2024
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HD Hyundai Electric gets MSCI nod; Kakao Pay misses out
Energy solution provider HD Hyundai Electric will be added to the Morgan Stanley Capital International Korea Index, alongside two other domestic companies, according to the index operator Tuesday. The MSCI Index is an influential market benchmark published by the US investment bank Morgan Stanley. Tracked by the global investment industry, the index measures the performance of the stocks included in its listing. The shares of three Korean companies, including HD Hyundai Electric, biotechnology c
May 15, 2024
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Hana Financial chairman promotes fight against plastic waste
Hana Financial Group Chairman Ham Young-joo joined the "Bye Bye Plastic Challenge" to increase awareness of the need to reduce plastic waste, according to the firm Wednesday. Appointed by Community Chest of Korea Chairman Kim Byong-joon, Ham joined the social media campaign, first initiated by the Ministry of Environment in August last year. Ham promoted the need to combat plastic pollution for the environment by holding discussions with Hana Financial employees at its office in centra
May 15, 2024
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Dyson debuts first wet floor cleaner WashG1
UK home appliance giant Dyson on Tuesday released WashG1, its first wet floor cleaner designed to pick up wet and dry debris in one go without a vacuum motor. The wet floor cleaner, equipped with a 1-liter clean-water tank, uses a combination of hydration, absorption and extraction technologies to remove wet and dry debris -- automatically separating them -- according to Dyson. "Cleaning floors can be very unhygienic, leaving smears and dirty marks and you usually have to vacuum first, so i
May 14, 2024
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Woori Bank joins race for 4th online-only lender
Woori Bank, a major commercial lender in South Korea, has entered the competition to secure a license for the country's fourth internet-only bank. An official from Woori Bank confirmed Tuesday that the company recently submitted a letter of intent to Korea Credit Data to join the firm's consortium to win approval to launch an internet-only bank. This marks the first time a local commercial bank has officially delivered its commitment to join the race. "Woori Bank has consistently
May 14, 2024
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[Herald Interview] Carbon breakthrough in Korea: Making diamonds at atmospheric pressure
In the realm of materials science, diamonds have long held a prestigious status for their unparalleled hardness and brilliance. Traditionally, the synthesis of these coveted gems has relied on high-pressure, high-temperature methods, representing a significant barrier to large-scale production. However, recent research by Rodney S. Ruoff and his team at the Center for Multidimensional Carbon Materials within the Institute for Basic Science has opened a new chapter in diamond synthesis -- growing
May 14, 2024
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[Photo News] Taste of luxury in the sky
Korean Air said Tuesday that its first-class cabin food and beverage service has won the top awards from the US travel magazine, Global Traveler. The airline offers a diverse range of menu choices, paired with an exclusive wine program designed by renowned sommelier Marc Almert. Since last year, vegan menus based on traditional Korean temple cuisine have also been served. (Korean Air)
May 14, 2024